| IPO latest price $57.9300 (1.44%) ($57.2300 - $58.2900) on Fri. Nov. 20, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 73 |
Latest Price | $57.9300(1.44%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.9% a day on average for past five trading days. |
Weekly Trend | IPO advances 2.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(85%) ONLN(81%) IWO(78%) SKYY(77%) IWF(75%) |
Factors Impacting IPO price | IPO will decline at least -1.105% in a week (0% probabilities). VIXM(-39%) UUP(-22%) VXX(-14%) TBT(-9%) UNG(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.105% (StdDev 2.21%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
| |
|
|